Fun fact: ๐จ๐ฆ issues student visas to anyone with a few bucks.
Hereโs a quick thread on the hundreds of criminals that organized crime groups set up in ๐จ๐ฆ using student visas.
<thread> ๐งต๐
2/ ๐บ๐ธโs DEA claims El Chapo made $3m/day in ๐จ๐ฆ prior to his arrest, and they were surprised by how โdeep infiltrationโ was.
His point man in ๐จ๐ฆ? Jesus Herrera Esperanza, aka Hondoโa โstudentโ in ๐จ๐ฆ. No one knows where Hondo is these days.
3/ One of the worldโs most powerful gangsters is former TO resident Lawrence Bishnoiโa 31 y/o that runs a global assassin & extortion networkโฆ from prison for the past 10 years.
His empire is allegedly run by his #2โSatinderjeet Singh, aka Goldy Brar. I wonder what he studied.
4/ speaking of Goldy Brar, two of his alleged associates arrived on student visas. Theyโre accused of participating in the murder that caused a diplomatic row with India.
One got a visa faster than someone in ๐จ๐ฆ can get a license.
5/ itโs not a secret. ๐จ๐ฆโs border agency audited 300 students & found 10 were organized crime.
Considering the CBSA fails to identify notorious mobsters & war criminals, these 10 must have wrote โgang stuffโ under purpose of visit to be identified.
6/ You know how ๐จ๐ฆ is considering pulling back on student visas because of the pressure on housing?
LOL. Nope! Itโs because the CBSA testified that they realized back in 2018 that gangs were using student visas to send their members.
7/ to be fair, itโs a general problem in ๐จ๐ฆ.
Back in the day, ๐จ๐ฆ used to be where organized crime heads would hide when they got in trouble to avoid scrutiny.
Word must have got out, because ๐จ๐ฆโs now trying to catch 29k fugitivesโ300 considered immediate public danger.
8/ letโs quickly circle back to the CBSA finding this out in 2018.
Thatโs a lie. I know this because this is the index from a leaked CSIS report from 1996 on how the Triads are setting up in ๐จ๐ฆ.
Been bothering me for 10+ years nowโeven the leaks are missing this one section.
Most people don't understand how interest rates, population growth, and immigration are related.
Let's fix that with a quick thread.
<thread> ๐งต๐
2/ A central bank's purpose is to control the decay of money, aka inflation.
If inflation is low, they cut rates to stimulate consumption by lowering the cost of borrowing. Since debt is your future income used today, this creates demand w/the goal of overrunning supply.
3/ Pretty easy since they can cut rates a lot faster than supply chains can respond, which is the goal. They're trying to raise prices to drive inflation, after all.
The opposite is also true. They raise rates to slow inflation by delaying demand so there's excess supply.
People in ๐จ๐ฆ are historically very accepting of immigrants & the country's generous immigration policies.
Now they're sounding more split. Unfortunately, a lot of well-intended people are being exploited by predators to adopt their opinions.
<thread> ๐งต๐
2/ Historically, ๐จ๐ฆ's post-war immigration policy was extremely successful. That's because it generally focused on people who were:
- hard-working: often only leaving their home due to political or economic downturns;
- talented: academics & skilled labor;
3/ ๐จ๐ฆ offered both groups the same thingโa life where hard work will allow them a safe & secure future for them to have a family.
In exchange, ๐จ๐ฆ got an injection of productivity that helped its economy grow & drive the prosperity of everyone. Finding people against it was rare.
Why is every politician discussing their aggressive plan for affordable housing?
โฆ even the ones you know donโt care about it?
Well, they hijacked the term and weaponized it against the people who need it. Hereโs how.
<thread> ๐งต๐
2/ in ๐จ๐ฆ, the term affordable housing now means a rental thatโs 1/3 the median household income.
First off, a third of income isnโt really affordable. A third of income is the max allowable payment a mortgage borrower can accept before theyโre considered too risky of a payer.
3/ so, affordable really means the max a person can reliably pay without being a default risk in this case.
in Canada, it also means maximum regulatory leverage. That doesnโt feel the same, does it?
Wait until you realize how that plays into distribution.
About 80% of Singaporeโs population is housed in public housing, but not the kind in the West.
Low income families & young couples to high income bankers and business people live in them.
Theyโre incredibly affordable. How? Only citizens can live in them.
<thread> ๐งต๐
2/ Singaporeโs public housing scheme is run by its Housing & Development Board (HDB), and public housing is appropriately called HDB flats.
Rather than auctioning off all gov land to private companies, the gov develops the land and sells 99-year leases for the units.
3/ Since these are leasehold properties, with the government retaining ultimate control over the land.
The homes are traded in open market, and you can get a mortgage to buy them. Appreciation is slowed as the units approach the end of their life though.